Short Interest in iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) Rises By 127.1%

iShares MSCI Agriculture Producers ETF (NYSEARCA:VEGI) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 110,534 shares, an increase of 127.1% from the May 14th total of 48,667 shares. Based on an average trading volume of 55,409 shares, the days-to-cover ratio is presently 2.0 days. Currently, 3.2% of the shares of the company are sold short.

iShares MSCI Agriculture Producers ETF Trading Up 1.4%

VEGI traded up $0.60 during trading hours on Friday, hitting $43.94. The company’s stock had a trading volume of 28,225 shares, compared to its average volume of 69,762. iShares MSCI Agriculture Producers ETF has a fifty-two week low of $38.00 and a fifty-two week high of $47.27. The firm has a market capitalization of $153.79 million, a PE ratio of 18.90 and a beta of 0.66. The company has a 50-day simple moving average of $45.03 and a 200 day simple moving average of $43.34.

Institutional Trading of iShares MSCI Agriculture Producers ETF

Large investors have recently added to or reduced their stakes in the business. Sound Income Strategies LLC acquired a new stake in iShares MSCI Agriculture Producers ETF in the 1st quarter valued at approximately $27,000. Glenmede Trust Co. NA acquired a new stake in iShares MSCI Agriculture Producers ETF in the 1st quarter valued at approximately $40,000. Commonwealth Retirement Investments LLC acquired a new stake in iShares MSCI Agriculture Producers ETF in the 4th quarter valued at approximately $46,000. Verity Asset Management Inc. acquired a new stake in iShares MSCI Agriculture Producers ETF in the 4th quarter valued at approximately $665,000. Finally, Nations Financial Group Inc. IA ADV acquired a new stake in iShares MSCI Agriculture Producers ETF in the 1st quarter valued at approximately $871,000.

iShares MSCI Agriculture Producers ETF Company Profile

The iShares MSCI Global Agriculture Producers ETF (VEGI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of companies that are sensitive to agricultural commodity prices. VEGI was launched on Jan 31, 2012 and is managed by BlackRock.